224 E 8th StreetLeadvilleCO80461
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Leadville at 224 E 8th Street, Leadville, CO, 80461 priced at $639,000 pairs $2,280/mo rent with after a $3,128/mo payment. Total monthly income equals $2,280/mo. Return on cash invested is 11.82% in year one, and rental yield stands at 4.28% on a $639,000 basis. Equity gained on principal adds $4,123/yr, and 5% annual appreciation accumulates to $176,544 by year five. Five-year ROI measures 58.93% and total cumulative return in cash reaches $123,892. For financing, Ziffy Mortgage’s DSCR program evaluates $2,280/mo property income against a $3,128/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1888
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80461, Leadville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,200 (100%) |
| Owner Occupied HU | 2,031 (48.4%) |
| Renter Occupied HU | 1,097 (26.1%) |
| Vacant Housing Units | 1,072 (25.5%) |
| Median Home Value | $503,140 |
| Average Home Value | $479,626 |
Housing Distribution
Address Breakdown
Residential
2,937
Single Family
2,558
Multi-Family
379
Businesses
454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Morrison • ASPEN LEAF REALTY
Mls Name: REcolorado
Mls Provider:
Mls ID: #7361460
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)